Sound Energy Share News (SOU)

Sound Energy eyes up to 31trn cubic feet of gas in Moroccan permits

(ShareCast News) - Sound Energy said an early estimate of its Tendrara and Meridja permit areas in Morocco put unrisked original gas in place of up to 31trn cubic feet (tcf), or 17tcf as a mid case. The AIM-listed company, which has a 27.5% interest in the Tendrara licence and an option to acquire a

Sound Energy Shares Rise On Moroccan Gas Potential Estimate

Sound Energy to buy hydrocarbon assets in eastern Morocco

(ShareCast News) - Gas firm Sound Energy is to buy Oil & Gas Investment Fund's (OGIF) hydrocarbon assets in eastern Morocco in exchange for 272m shares in the company, subject to shareholder approval. The acquisition will see the company buy a further 20% stake in the Tendrara site taking its total

Sound Energy completes ground work at Badile

(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Badile project on Thursday, confirming that ground works at the well site were now complete. The AIM-traded firm also said the conductor pipe was set last week, and the 3000 HP EMSCO C3 rig - own

Directors dealings: Sound Energy boss, non-exec pick up shares

(ShareCast News) - Sound Energy's boss, James Parsons, added to his stake in the Africa and Europe-focused upstream gas outfit. Parsons made off with 44,522 shares in the company at an indiviual price of 67.37p on 16 December, the company said in a statement. The total value of the transaction was

UPDATE: Second Sound Energy Director Acquires Shares

Sound Energy makes more progress at Tendrara

(ShareCast News) - Africa and Europe-focused upstream gas company Sound Energy updated the market on its Tendrara licence, onshore Morocco, on Thursday. The AIM-traded firm said that, further to its announcement on 24 November, it has retrieved the TE-7 bottom hole memory gauges following the open h

Sound Energy Signs Deal To Use Pergemine Drilling Rig At Badile Well

Sound Energy reports better-than-expected flows at Tendrara

(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy updated the market on Wednesday in relation to TE-7, its second well at the Tendrara licence area, onshore Eastern Morocco. The AIM-traded firm had announced on 7 October that the well had been drilled to a total measured

Sound Energy drills new Tendrara hole to almost 3,500 metres

(ShareCast News) - Europe and Africa-focused upstream gas company Sound Energy announced on Friday that TE-7, the second well at its Tendrara licence, onshore Morocco, has now been successfully drilled to total measured depth of 3,459 metres corresponding to a vertical depth of 2,611 metres. The AIM

Sound Energy revises acquisition agreement with PetroMaroc

(ShareCast News) - Mediterranean and African-focused upstream company Sound Energy updated the market on Friday, on its March agreement with PetroMaroc Corporation for the acquisition of a 50% operated interest in three onshore gas permits located in Morocco - the Sidi Moktar Licences. The AIM-tr

Sound Energy begins civil works in northern Italy

(ShareCast News) - Europe and Africa-focused upstream company Sound Energy confirmed the commencement of civil works at the Badile exploration well site, onshore Northern Italy, on Tuesday. The AIM-traded firm said the rig is expected to be mobilised during Q4 2016 with a view to drilling commencing

Sound Energy shares slide despite positive progress

(ShareCast News) - Europe and Africa-focused upstream oil and gas company Sound Energy announced its unaudited half year report for the six months to 30 June on Thursday - a period in which it made a significant onshore Morocco gas discovery with the potential for a multi Tcf connected gas field, at

Sound Energy starts second well at Tendrara

(ShareCast News) - Sound Energy has begun a three-phase drill programme of a second well at Tendrara, onshore Morocco. This followed the success of well TE-6. The latest well, TE-7, was spudded on 25 August. "The well objectives of TE-7 include proving sufficient gas volumes and well deliverability

Sound Energy Starts Drilling On Second Tendrara Well